Brazil (BRA) and Bhutan (BTN) Trade | OEC - The Observatory of Economic Complexity

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Brazil-Bhutan In 2020, Brazil exported $386 to Bhutan. The main products that Brazil exported to Bhutan are Motor vehicles; parts and accessories (8701 to 8705) ($173), Nitrogen Heterocyclic Compounds ($169), and Industrial Fatty Acids, Oils and Alcohols ($44). During the last 22 years the exports of Brazil to Bhutan have decreased at an annualized rate of 17.2%, from $24.7k in 1998 to $386 in 2020.

In 2020, Brazil did not export any services to Bhutan.

Bhutan-Brazil In 2020, Bhutan exported $389k to Brazil. The main products that Bhutan exported to Brazil were Low-voltage Protection Equipment ($389k). During the last 22 years the exports of Bhutan to Brazil have increased at an annualized rate of 7.83%, from $74.2k in 1998 to $389k in 2020.

In 2020, Bhutan did not export any services to Brazil.

Comparison In 2020, Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B). That same year, Bhutan ranked 178 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Latest Trends

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January, 2023

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Overview In January 2023, Brazil exported $207k and imported $39k from Bhutan, resulting in a positive trade balance of $168k. Between January 2022 and January 2023 the exports of Brazil have increased by $205k (13.8k%) from $1.49k to $207k, while imports increased by $26.1k (201%) from $13k to $39k.

Trade In January 2023, the top exports of Brazil to Bhutan were Interchangeable Tool Parts ($1.49k). In January 2023 the top imports of Brazil from Bhutan were Low-voltage Protection Equipment ($13k).

Origins In January 2023 the exports of Brazil were mainly from São Paulo ($207k), while imports destinations were mainly Minas Gerais ($39k).

Growth In January 2023, the increase in Brazil's year-by-year exports to Bhutan was explained primarily by an increase in product exports in . In January 2023, the increase in Brazil's year-by-year imports from Bhutan was explained primarily by an increase in product imports in .

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (January 2022 - January 2023): $205k, (13.8k%)

IMPORT GROWTH (January 2022 - January 2023): $26.1k, (201%)

MAIN EXPORTER (January 2023): São Paulo, $207k

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Bhutan and Brazil trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Brazil exported $386 to Bhutan. The main products exported from Brazil to Bhutan were Motor vehicles; parts and accessories (8701 to 8705) ($173), Nitrogen Heterocyclic Compounds ($169), and Industrial Fatty Acids, Oils and Alcohols ($44). During the last 22 years the exports of Brazil to Bhutan have decreased at an annualized rate of 17.2%, from $24.7k in 1998 to $386 in 2020.

In 2020, Bhutan exported $389k to Brazil. The main products exported from Bhutan to Brazil were Low-voltage Protection Equipment ($389k). During the last 23 years the exports of Bhutan to Brazil have increased at an annualized rate of 7.83%, from $74.2k in 1997 to $389k in 2020.

Market Competitiveness

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Measure

SectionYear

Brazil
Top Destination: China, $67.9B

Bhutan
Top Destination: India, $173M

This map shows whether countries import more from Brazil or Bhutan. Each country is colored based on the difference in imports they receive from Brazil and Bhutan or the difference in the growth in imports.

In 2019, countries that imported more from Brazil than Bhutan were China ($67.9B), United States ($21.9B), and Argentina ($8.57B).

In 2019, no countries were registered that imported more from Bhutan than from Brazil.

Comparative Advantage Brazil - Bhutan

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Flow

Scale

Year

This chart compares trade between Brazil and Bhutan by product, considering products traded by both, Brazil and Bhutan.

During 2020, Brazil had a large net trade with Bhutan in the exports of Chemical Products ($213) and Transportation ($173).

During 2020, Bhutan had a large net trade with Brazil in the exports of Machines ($389k).

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Brazil has comparative advantage over Bhutan. Similarly, the more yellow a dot/product is, the more Bhutan has comparative advantage over Brazil.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Brazil - Bhutan

Economic Complexity

Competitive Landscape

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